The US and Iran are closing in on a 60-day ceasefire extension that would open the Strait of Hormuz as Brent crude fell below $95 on Friday. Boeing confirmed the 737 MAX 7 is 80% through certification with FAA approval expected this summer.
AirAsia confirms its London Gatwick route relaunches in August as fuel costs ease and fares fall. Turkish Airlines brings back premium economy in 2028 on A350s. The FAA awards an $875m AI airspace contract to startup Air Space Intelligence.
AirAsia X has cancelled its remaining 15 A330-900 orders by mutual agreement with Airbus, confirmed 17 June, formally ending a widebody programme that once stood at 100 aircraft and completing the group's shift to an all-narrowbody long-haul strategy.
easyJet rejects Castlelake's £4.74bn bid. Emirates restores double-daily Beijing service. Singapore Air eyes yuan bonds.
Castlelake has gone public with a £4.74bn ($6.21bn) all-cash proposal for easyJet after the board rejected three offers. A Takeover Panel deadline of 5pm Friday 26 June forces a decision within days.
